The Palatka daily news. (Palatka, Fla.) 1884-1888, 1887-06-03

Cotton Seed Oil Tr.. 5Ol4.
asked. Assessment paid
The stock market to-day, in the absence of
any special support and reaIizitions of the
operators, who have grown tired of carrying
their load of stocks without any material all
vance, was Taided by the bears AT every weak
point. The decline was not continuous, but
upon removal of pressure at different intervals
slight recoveries were made. This gave Il
feverish and unsettled appearance to the mar
ket, which was retained until the close. The
news of the day was unimpOrtant, but such as
it had tendency to depress values The
trading was, for the most part, professional,
and while the buying was somewhat scattered,
the selling was concentrated The temper of
the room was moderately bearish, and all the
weak spots were promptly attacked, Pacific
Mail became the special feature, and its price
was depressed three per cent at one time. but
Fort Worth and Denver. without any special
pressure activity, recorded the bearish de-
cline for the day. Richmond and West Point
was another object of special attack, and sew
Reading was much more quiet than for the
pastt few days, and yielded readily To pressure.
Lackawanna and 81. Paul also displayed con-
siderable weakness, but the entire list shared
in the decline.
There was an irregular opening, although
the changes from last evenings figures We're
generally for slight fractions only. The mar
ket was heavy from the opening on moderate
business, and although there was a slight rally
in the first hour Pacific Mail soon became ac-
tive and the entire list moved OF in unison.
After l. O'Clock the decline was renewed with
| force, the market becoming decidedly active,
with Pacific Mail, Fort Worth and Denver and
Richmond and West Point specially weak The
market thereafter was alternately heavy and
| firm and finally closed ON the rally quiet and
| steady to firm nj the figures. The total sales
aggregated JO,Uu shares
! Wheeling and Lake Erie was consPicuousIy
the strong stock of the day, and stands alone
being one per cent Richmond and West Point
| is down.
| Cotton.
NEW YORK, June 2.-Greene x Co.'S report
on cotton futures says: The market has been
active and strong to-day, and this il the only
R-ldively new ieaittre, as the General IN
| ing wholly from the buIl clique. The strength
of the position is still principally in the buying
| fluctuations TIN, close was 8 To 10 points above
last evening, and apparently steady. Spots are
cautious All crop accounts continue fine''
Afternoon rcpOrt-Cotton- Net receipts, -;
gross i9- Futures closed s =, hrn and sts'a ~,
| oil -; August. ii fSst6tll ~: September,
10 asstI09. October, 10 30 10 -; November
10 Easl 10 l3; February, IL lsalO 10; March, 10 a
| $40 25; April, 10 3lG-lO ~
Cotton steady; sales, aOi; Uplands, II 7-l6
Orleans. lbs. net receipts to-day, l,ts5 eX-
ports to Great Britain, 2.054 /; to France, ~;
| To the Continent, ;sN- to the Channel, =; stock
349,l lis; sales last evening, corrected, 6s5.
| LIVERPOOL, June >, p. m.-Coton futures
June. ~ o., seller; June-July, 1914, seller;
July-August, ) 6b-6i, seller; AugJIst->epteuI-
| Der, GA. seller; September-October 1854.
value: Octobcr-November, 5 3s-64. seller. No
ber-Decemeer' s-6i, seller; Decems p, e,
| buyer. Futures closed firm
General Markets.
| CHICAGO, June 1.-The bears worked July
/ wheat down from s6ss to Sol &C within the first
| five minutes from the opening Receipts were
- cars of winter wheat and asti of spring wheat.
/ n Minneapolis dispatch To "A local firm stated
| that farmers deliveries were large and that
4 receivers looked for unusually
/ this month. If Chicago would give storage
| room the Northwest. they say. would ship I.Gs
| cars of wheat daily. Elevators have all prac-
| tscally shut down on receiving wheat and
there are probably one hundred cars side
| tracked about the city looking for resting
| place for wheat they have aboard The crop
news was of an encouraging tenor and cables
were not especially inspiritfng- After the tirsl
| hour a large share of such strength rs there
| was in wheat left in the market. and prices
noon a good deal of the offerings came from
| Clique houses June wheat which opened al
seize, picked up to s''a4 after early selling VIA
| stopped. Trade was. however, principally in
| July Yesterday +D.0sO bushels sold for May
| were settled privately on basis of SIC for 81
| Louis account This sort of thing il doubtless
| going ON To a considerable extent in June, bu
| To what extent there is no means of knowing
| AFTER noon the clique cut no figure in the mar
ket, they were clearly unable To lift the mar
| ket out OF the depression which surrounded II
| July wheat closed for the morning at sJt.c
In speculative market for corn to-day Their,
| was quite active trading and liberal business
ders. Most of the scaIping crowd went hom,
| long of the market but the weather
conditions and receipts did not appear favor
able for the bull turn July closed for the da,
at SHssc.
Oats displayed fair activity in a speculative
way. and the market sympathized more or les
with corn.
Provisions still continue quiet. July ribs
opened at Sell and closed ar SID July lar
openea Mt 81. tO and closed at S6-55- A shortag'
OF about tlooo pounds in ribs over the est
mate was the main reason for the strength N
that product July sold high As Ss-S-
Cash quotations We're: Flour dull and neg
lected No Spring Wheat, ssgS'ls. No
Spring Wheat, IS No red -. No Corn, -
gSsss- No Oats, 25lS- Mess Pork. sS3. Lard
$50 short rib sides. loose. S.-5st.sa DR..
salted shoulders. boxed. S5.oO655..0- Short clesi
sides, boxed, Ss-5sIs.55. Whisky s1l0. Lead
ing futures closed as follows
Wheat-June, ss7s: July, SOS: August. Sfs
Corn-June, 3.5s: July. Ssts: August. susa- Oats
June, sAs: July, s6ls. August Sis Mess Porl
June, SssS0- Lard-yune. S6-45; July soS
august s6-so- short Ribs-June. SIS; July
$50. August, $s-5-1s
NEW YORK, June 2--Southern Flour quie
| but generally steady-eommon To fair, 81
good TO choice do, S4-leG5.25- Wheat l-gS